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S. 73.Settlement agreement .—(1) When it appears to the conciliator that there exist elements of a settlement which may be acceptable to the parties, he shall formulate the terms of a possible settlement and submit them to the parties for their observations. After receiving the observations of the parties, the conciliator may reformulate the terms of a possible settlement in the light of such observations. S. 80.Role of conciliator in other proceedings .—Unless otherwise agreed by the parties,— (a) the conciliator shall not act as an arbitrator or as a representative or counsel of a party in any arbitral or judicial proceeding in respect of a dispute that is the subject of the conciliation proceedings; (b) the conciliator shall not be presented by the parties as a witness in any arbitral or judicial proceedings.
What is the abbreviation of ADB in insurance?
Insurance Policy which is provided as an additional layer of security to those who are at risk for being sued for damages to other people’s property o...
Under which type of plans, an insurance that provides coverage at a fixed rate of payments for a limited period of time is called?
In case of ambiguity in policy wording, which rule is applied?
What is the purpose of a "warranty" in an insurance policy?
A form of life insurance coverage payable to a third party lender/mortgagee upon the death of the insured/mortgagor for loss of loan payments is termed as?
An excess is another word for:
The practice of buying or selling of a security by someone who has access to material nonpublic information about the security, is termed as?
How many public sector life insurance companies are functional in India?
Which of the following term is used when the loss is caused by two or more causes acting simultaneously or one after the other?
